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Thursday, December 30, 2010

[EOD] There's no change in the proposed count on the ES and $TRAN - see the 1210pm update below. Here's a count on $NDX which is in a similar position. So the primary count is that there's one more January rally to come.

[1210pm] Count update - Primary counts are the black count in ES and the red count in $TRAN. The alternative counts shown are appealing but lack confirmation.

[EOD] There's no change in the proposed count on the ES and $TRAN - see the 1210pm update below. Here's a count on $NDX which is in a similar position. So the primary count is that there's one more January rally to come.

[1210pm] Count update - Primary counts are the black count in ES and the red count in $TRAN. The alternative counts shown are appealing but lack confirmation.